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Starting restaurant in your community

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Reference no: EM133558481

Imagine you are thinking of starting a restaurant in your community. 

1. Who will be the various stakeholders of your business?

2. What are some of the things that you can do to benefit your community besides providing jobs and tax revenue?

3. How will you establish good relationships with your suppliers? With your employees?

4. Do you see any conflict between your desire to be as profitable as possible and your desire to pay employees a living wage?

5. Which of the environmental factors outlined in this chapter might have the most significant impact on your business? How?

6. Describe how the free market system works for the restaurant business.

7. Research and briefly describe what government policy during the COVID19 pandemic affects the restaurant businesses.

8. What were some changes to the unemployment rate in the service industry specifically in the restaurant businesses due to COVID19?

Reference no: EM133558481

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